According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have …

the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data … the input side. We therefore introduce a new input indicator based on the authors' mentions in the institutions' papers …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide …

firm-specific bilateral connections. We find that institutions that enhance investor protection and reduce corruption …

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected … corrected for the shadow economy, the relationship between institutions and output becomes weaker. The impact of institutions on …

Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture … individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as … instruments: the literacy rate at the end of the XIXth century, and the political institutions in place over the past several …

This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of …

provide an explanation of why small countries sometimes exclude certain goods (especially those related to culture) from trade …

regions rich in marine resources differ from societies with a purely agrarian legacy in terms of institutions, cultural values …